Confidentiality & Business Broker Co-op

The business community is highly-competitive, and keeping your plans confidential can mean the difference between a successful business purchase or sale, and a deal that fell through. At the Allan Michael Group, keeping your business plans confidential is Priority #1. You know when it’s time to announce that successful buy or merger, and so do we.

We will do everything in our power to keep your plans
in the strictest of confidence.

It is with this in mind that in our Businesses for Sale listings, we provide just enough information to entice a prospective buyer. Just enough for you to know if the business is in an industry that you are interested in, a size and price that is right for you. To proceed further, the potential buyer must have signed a non-disclosure agreement to learn more about the potential sale or merger.

Did you know many, if not the majority, of the business brokers out there with businesses available for sale will not co-op their fee with another business broker? Very surprising. Or they will tell another business broker they are getting interest from their own buyers with the available business, and think they will sell it without having to share a fee. We at Allan Michael Group will co-op with business brokers interested in cooperating with other business brokers if they have a new buyer interested in acquiring one of our businesses. We don’t understand why not. Our interest is in selling your business for the most value and in the shortest amount of time. So we think this is very important to know if your business broker normally offers to co-op before you engage their services. Even if they tell you they do, is this really their normal way of doing things? And do they have relationships with other business brokers?

If you have questions about this process, please don’t hesitate to contact us.